Debenture Offer definition

Debenture Offer means an offer by the Company to purchase all of the Debentures then outstanding in connection with a Change of Control.
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Debenture Offer has the meaning ascribed thereto in Section 2.4.10a);
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Debenture Offer has the meaning attributed thereto in Section 2.2(k)(i);
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Examples of Debenture Offer in a sentence

  • The Debenture Trustee, on behalf of the Corporation, will pay the Offer Price to the holders of Debentures in the respective amounts to which they are entitled in accordance with the Debenture Offer as aforesaid.

  • The Corporation will also deposit with the Debenture Trustee a sum of money sufficient to pay any charges or expenses which may be incurred by the Debenture Trustee in connection with the Debenture Offer and the exercise of the 90% Redemption Right if applicable.

  • Holders of at least a majority in aggregate principal amount of Notes and holders of a majority of the Exchangeable Preferred shall have tendered and not withdrawn Notes and Debentures pursuant to the Notes Offer and the Debenture Offer and the Company shall have received each of the Requisite Note Consents and the Requisite Preferred Consents and none of such consents shall have been withdrawn, each in accordance with the provisions of Section 6.16.

  • The Debenture Offer and Solicitation (including the amendments) shall be on terms determined by Parent, provided that CBC shall not be required to purchase the Debentures pursuant to the Debenture Offer, and the proposed amendments, if approved, shall not become effective, unless the Merger is consummated or being consummated simultaneously therewith.

  • The Company agrees that promptly following the date the Requisite Note Consents and the Requisite Debenture Consents are obtained it will execute a supplemental indenture and an amendment to the Company's articles of incorporation, as applicable, containing the proposed amendments that by their terms shall become operative only upon consummation of the Merger and the Notes Offer and the Debenture Offer.

  • The Debenture Trustee will promptly, but no later than three Business Days thereafter, deliver, by prepaid mail a notice of the Change of Control (in a form prepared by the Corporation) together with the Debenture Offer to the holders of all Debentures then outstanding, at their addresses appearing in the registers of holders of Debentures maintained by the Debenture Trustee.

  • If 90% or more of the aggregate principal amount of the Offered Securities outstanding on the date of the giving of notice of the Change of Control have been tendered to the Fund pursuant to the Debenture Offer, the Fund will have the right to redeem all of the remaining Offered Securities at the Debenture Offer Price.

  • The Corporation shall also deposit with the Debenture Agent a sum of money sufficient to pay any charges or expenses which may be incurred by the Debenture Agent in connection with the Debenture Offer and the exercise of the 90% Redemption Right if applicable.

  • The Offeror made the Original Share Offer (as hereinafter defined) to acquire all of the outstanding common shares of Zarlink at a purchase price of $3.35 in cash per share and also made the Original Debenture Offer (as hereinafter defined) to purchase all of the outstanding 6% unsecured, subordinated convertible debentures maturing on September 30, 2012 of Zarlink at a price of $1,367.35 per $1,000.00 principal amount of debentures plus accrued and unpaid interest to the date such debentures are taken up.

  • The Debenture Agent, on behalf of the Corporation, will pay the Offer Price to the holders of Convertible Debentures in the respective amounts to which they are entitled in accordance with the Debenture Offer as aforesaid.


More Definitions of Debenture Offer

Debenture Offer has the meaning attributed thereto in Subsection 2.4(l)(i);
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Debenture Offer has the meaning set forth in Section 5.11(a).
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Debenture Offer means an offer to acquire outstanding Debentures where, as of the date of the offer to acquire, the Debentures that are subject to the offer to acquire, together with the Debenture Offeror’s Debentures, constitute in the aggregate 20% or more of the outstanding principal amount of the Debentures;
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Debenture Offer means the offer by SIGAL to acquire Debentures for cash consideration in the amount of the Debenture Offer Price;
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Debenture Offer means an offer to acquire outstanding Debentures, which is a takeover bid for Debentures within the meaning ascribed thereto in National Instrument 62 - 104 – Take - over Bids and Issuer Bids if the Debentures were considered equity securities, where, as of the date of the offer to acquire, the Debentures that are subject to the offer to acquire, together with the Offeror’s Debentures, constitute in the aggregate 20 % or more of the outstanding principal amount of the Debentures ; (4) “ Dissenting Debentureholders ” means a Debentureholder who does not accept a Debenture Offer referred to in Section 12 . 2 and includes any assignee of the Debenture of a
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Related to Debenture Offer

  • Debenture Indenture means the Indenture, dated as of December 1, 1989, between United Parcel Service of America, Inc. and Chemical Bank pursuant to which the 8-3/8% Debentures Due April 1, 2020 were issued, as in effect on the date of this Agreement (without giving effect to any amendment, supplement or other modification thereto, any repayment or covenant defeasance thereunder or any termination thereof), a copy of which is attached as Exhibit F hereto.

  • Debenture Redemption Date means, with respect to any Debentures to be redeemed under the Indenture, the date fixed for redemption under the Indenture.

  • Convertible Debenture means the 6% convertible debenture dated July 1, 2008 and due July 1, 2011, in the amount of CAD$10,000,000 issued by Orezone to the Debentureholder;

  • Initial Debentures means the Debentures designated as “9.5% Unsecured Convertible Debentures” and described in Section 2.5;

  • Debenture means debenture stock, mortgages, bonds and any other such securities of the Company whether constituting a charge on the assets of the Company or not.

  • New Notes shall have the meaning assigned to such term in Section 32.

  • Debentures has the meaning stated in the first recital of this Indenture.

  • 2021 Notes means the 4.700% Senior Notes due 2021, originally issued by Ensco plc (now Valaris), a public limited company organized under the laws of England and Wales.

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • 2014 Notes means the aggregate principal amount of US$399,517,000 of 10.25% Guaranteed Senior Notes Due 2014 issued pursuant to the 2014 Note Indenture.

  • Convertible Notes means the 2.75% Convertible Senior Notes of the Borrower due 2022 issued pursuant to the Convertible Notes Indenture.

  • Convertible Subordinated Notes means any convertible subordinated notes or debentures issued by the Borrower after the date hereof, which are subordinated to the Obligations on terms no less favorable to the Lenders, in any material respect, than the 4.75% Convertible Subordinated Notes Due 2016 (as those terms were in effect and applied to the 4.75% Convertible Subordinated Notes Due 2016 prior to the repayment thereof in full on June 15, 2016).

  • Conversion Securities has the meaning set forth in Section 4.08(b).

  • Series D Notes is defined in Section 1.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • Exchange Debentures has the meaning set forth in Section 2(a) hereof.

  • 2029 Notes has the meaning specified in the recitals of this Supplemental Indenture.

  • Existing Subordinated Notes means any instrument or loan issued or incurred before 1 January 2013, whether publicly or privately placed, ranking or expressed to be ranking pari passu with all other subordinated obligations (except for those subordinated obligations expressed by their terms to rank junior), provided that should any such Existing Subordinated Notes be amended in any way (contractually or by statute) which would result in allowing the Issuer to issue subordinated notes ranking senior thereto, then such Subordinated Notes would be deemed to no longer constitute an Existing Subordinated Note. As a result, in the event of liquidation or bankruptcy of the Issuer or in the event of a Moratorium (as defined in Condition 3 of the Conditions of the Notes) with respect to the Issuer, the claims of the holders of the Subordinated Notes ("Subordinated Noteholders") against the Issuer will be:

  • 2017 Notes means the aggregate principal amount of US$600,000,000 of 6.25% Guaranteed Senior Notes Due 2017 issued pursuant to the 2017 Note Indenture.

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.

  • Series B Debentures means the $200 million aggregate principal amount of 4.903% Series B senior unsecured debentures of the Trust due July 5, 2023.

  • New Secured Notes means the $550 million of first lien secured notes to be issued by New Valaris Holdco comprising (i) the Rights Offering New Secured Notes to be issued in the Rights Offering on the terms set forth in the New Secured Notes Term Sheet attached as Exhibit 2 to the Restructuring Term Sheet and the Rights Offering Procedures, (ii) the Holdback Notes to be issued on the terms set forth in the Backstop Agreement,

  • Other Debentures means all junior subordinated debentures issued by the Guarantor from time to time and sold to trusts to be established by the Guarantor (if any), in each case similar to the Issuer.

  • 2013 Notes means the 4.375% Senior Secured Notes due 2023 and the 5.950% Senior Secured Notes due 2043 issued by the Issuer on March 18, 2013.

  • Redemption Notes means unsecured subordinated promissory notes of the Trust having a maturity date to be determined at the time of issuance by the Trustee (provided that in no event shall the maturity date be set at a date subsequent to the first Business Day following the fifth anniversary of the date of issuance of such note), bearing interest from the date of issue at a market rate of interest determined at the time of issuance by the Trustee, payable for each month during the term on the 15th day of each subsequent month with all principal being due on maturity, such promissory notes to provide that the Trust shall at any time be allowed to prepay all or any part of the outstanding principal without notice or bonus.